Mortgage start-up lets space at The Deep

Digital mortgage broker Hoocht has agreed a deal to take space at The Deep Business Centre.Hoocht is the brainchild of Beverley-born Rich Wynn, a mort

Digital mortgage broker Hoocht has agreed a deal to take space at The Deep Business Centre.

Hoocht is the brainchild of Beverley-born Rich Wynn, a mortgage broker who has worked for major players including London & Country and Barclays and has already built MortgageCube, a successful telephone-based brokerage.

The Deep has supported a number of start-up success stories – with one particular tenant expanding from a single employee to nearly 150.

Freya Cross, business and corporate manager at The Deep, said: “Hoocht is typical of many new businesses in that it is harnessing technology to provide new solutions which reinvent traditional business sectors.

“But the company is not only the first within The Deep Business Centre to offer a super-fast mortgage service – it’s one of the first in the UK.”

“We have seen our tenants make a huge difference in such fields as personal finance and motor insurance by taking technology to new levels.”

Rich Wynn added: “People are used to completing instantaneous transactions, usually via their smartphones, for everything from buying their supermarket shopping to booking a holiday.

“Up to now, financial services just haven’t been able to keep up with such expectations, but that’s all changing. The technology is available and we are going to be among the first businesses to offer people the kind of mortgage service they want, how they want it.”